PETZNasdaqReal Estate Agents & Managers (For Others)US GAAP · USD

TDH Holdings, Inc.

TDH Holdings, Inc. is a U.S.-listed, PRC-based company that owns, operates, and manages commercial real estate properties. Its business centers on property ownership and management in China, with operations organized through its Beijing base and related subsidiaries and affiliates.

Kysy yhtiöstä
Liikevaihto1,3milj. USD
+122,0 %v/v
Liikevoitto (EBIT)−1,8milj. USD
+0,1 %v/v
EBIT-marginaali−146,3%
+178,8 %-yks.v/v
Nettotulos1,8milj. USD
−33,0 %v/v
Vapaa kassavirta−2,0milj. USD
+4,3 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−8−6−4−2024milj. USD2020: 0,82 milj. USD2020: EBIT −1,9 milj. USD20202021: 1,1 milj. USD2021: EBIT −4,6 milj. USD20212022: 3,1 milj. USD2022: EBIT −3,0 milj. USD20222023: 3,2 milj. USD2023: EBIT −6,4 milj. USD20232024: 0,56 milj. USD2024: EBIT −1,8 milj. USD20242025: 1,3 milj. USD2025: EBIT −1,8 milj. USD20251,3−1,8
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Commercial property leasing60 %

Income from leasing commercial real estate space to tenants.

Property management services25 %

Day-to-day management, administration, and maintenance of properties.

Real estate consulting15 %

Advisory and support services related to commercial real estate operations.

Asiakkaat

TDH’s customers are commercial tenants and counterparties that occupy, lease, or use its real estate assets. The business also serves property users and real estate clients that need operating support, administration, or management services tied to commercial properties. Demand is driven by occupancy, lease renewals, and the attractiveness of the underlying locations and properties.

Commercial tenants

Businesses leasing space in TDH-owned or managed properties for offices or operations.

Property management clients

Owners or users seeking administrative and operational support for commercial real estate.

Real estate consulting clients

Counterparties that use advisory or support services related to commercial property operations.

Strategia

TDH’s stated priority is to maintain and operate its commercial real estate platform while strengthening corporate governance and board independence. The company also focuses on preserving Nasdaq compliance by restoring the required board and audit committee structure, which supports its access to U.S. public markets.

Restore board independence and audit committee complianceLyhyt aikaväli

Maintaining Nasdaq listing requirements is necessary to avoid governance disruption.

Operate commercial properties efficientlyKeskipitkä aikaväli

Stable property operations support leasing activity and tenant retention.

Maantiede

2025

TDH Holdings is based in Beijing and operates as a PRC-focused real estate business, while remaining listed in the United States on Nasdaq under PETZ. Its economic exposure is therefore concentrated in China, even though its reporting and governance framework is tied to U.S. capital markets. The company’s operating footprint in Beijing and related Chinese locations matters because local property demand, regulations, and tenant activity shape performance.

Kina95 %
USA5,5 %

Osuus liikevaihdosta, jonka yhtiö raportoi maantieteellisesti.

Riskit

TDH faces governance and listing-compliance risk because it must maintain Nasdaq board and audit committee independence requirements. More broadly, its business is exposed to Chinese commercial real estate conditions, including tenant demand, vacancy, regulatory changes, and property-market cyclicality.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Nasdaq listing compliance failure1Chinese commercial real estate weakness2Governance and board oversight risk3
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Nasdaq listing compliance failureVaikutus: KorkeaTodennäköisyys: Korkea

    The company was notified that its board and audit committee no longer met independence rules.

    Kohdistuu: U.S. listing status and market access

  2. Chinese commercial real estate weaknessVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Property owners depend on tenant demand, occupancy, and lease renewals in the local market.

    Kohdistuu: Commercial property portfolio in China

  3. Governance and board oversight riskVaikutus: KeskitasoTodennäköisyys: Korkea

    A smaller or less independent board can weaken oversight and increase execution risk.

    Kohdistuu: Board and audit committee structure

Kirjanpito

Harkinnanvaraiset erät
Rental and service revenue recognition

Commercial property businesses may recognize income differently for leases and services, affecting timing.

Vaikutus: Reported revenue and receivables

Property fair value and impairment

Real estate carrying values depend on market-based assumptions and impairment judgments.

Vaikutus: Asset values and earnings

Lease-related estimates

Occupancy, contract terms, and collectability assumptions can influence reported operating results.

Vaikutus: Revenue, receivables, and provisions

Samankaltaisia listattuja yhtiöitä

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

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Smart Digital Group Ltd

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Tian Ruixiang Holdings LTD

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Päivitetty: 28.9.2026

TDH Holdings, Inc. (PETZ) liikevaihto, tulos ja tunnusluvut 2025 – Clarifo